FG targets 8m tonnes of rice in 2018 wet sea­son

Daily Trust - - GOLDEN HARVEST -

The Fed­eral Govern­ment says it is tar­get­ing the pro­duc­tion of eight mil­lion tonnes of paddy by rice farm­ers across the coun­try in the 2018 wet sea­son.

Chief Audu Og­beh, Min­is­ter of Agri­cul­ture and Ru­ral De­vel­op­ment, said this in Abuja while speak­ing to news­men on the achieve­ments of Pres­i­dent Muham­madu Buhari’s ad­min­is­tra­tion in the past three years.

The min­is­ter said the coun­try was cur­rently pro­duc­ing be­tween 5.8 mil­lion and six mil­lion tonnes of paddy, adding that it was tar­get­ing the pro­duc­tion of nine mil­lion tonnes by 2019.

He said the rice rev­o­lu­tion was the most out­stand­ing achieve­ment recorded in the Buhari ad­min­is­tra­tion’s eco­nomic di­ver­si­fi­ca­tion ef­forts in three years.

Og­beh said the feats in the rice rev­o­lu­tion were at­tained through the An­chor Bor­row­ers’ Pro­gramme (ABP) of the Cen­tral Bank of Nige­ria (CBN), in col­lab­o­ra­tion with the Fed­eral Min­istry of Agri­cul­ture and Ru­ral De­vel­op­ment.

The min­is­ter, who noted that in the past Nige­ria spent over five mil­lion US dol­lars a day on rice im­por­ta­tion, said rice im­por­ta­tion had re­duced by 95 per cent from De­cem­ber 2015 till date.

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